User blogs
Automakers have embraced light emitting diodes (LEDs) in headlights, and
their use is becoming more widespread. At Consumer Reports, 55 percent
of the 2018 models we tested had LED headlights. Of the 2019 models
we've tested, 86 percent had LEDs.To get more news about led headlights, you can visit iengniek official website.
LEDs are small and can be used in a string of lights, giving car designers more leeway in how the headlights look. But in CR's testing, we discovered that these new lights don’t offer any more illumination than traditional halogen and/or high intensity discharge (HID) headlights.
The problem for many consumers is that they’re paying more for the LEDs but not getting much bang—if any—for that extra buck, says Jennifer Stockburger, director of operations at the Consumer Reports Auto Test Center.
“Yes, they’re stylish, but drivers need lights that will make them safer, and not just make a fashion statement,” Stockburger says. “Car shoppers need to think about headlights as a safety feature in the same way they think about brakes or even seatbelts.” All headlights illuminate the road ahead in one of two ways, Stockburger says. The first, traditional way is to use a reflector to bounce the light from the bulb forward. The other way is to use what is known as a projector, where the headlights use a lens that focuses and directs the light outward.
There are several ways for headlights to create illumination. Halogen bulbs heat a filament to the point where it emits light. They’re the most common on U.S. roads, and they typically give off a yellowish tint.
HID headlights are less common, and they work by igniting a gas—most often Xenon—with electricity inside a bulb. They emit a white or bluish-white hue.LEDs are a far more advanced technology. There are two semiconductors (on a small chip) with either a surplus or a small number of electrons. When the two semiconductors have an electrical charge applied to them, atoms move toward each other and combine, and the resulting energy that's created is released as light.
LED headlights first appeared in the U.S. on the Lexus LS 600h sedan back in 2007, and they were originally found only on high-end cars. But LEDs began appearing in more mainstream models about eight years ago, and some of them impressed us in our testing.
The 2015 Cadillac Escalade’s LEDs, for example, were the best-performing headlights we had tested up to that point. Phil Leinert, a communications manager at General Motors, notes that the Escalade was the first SUV sold in the U.S. with all-LED headlights.
LEDs are small and can be used in a string of lights, giving car designers more leeway in how the headlights look. But in CR's testing, we discovered that these new lights don’t offer any more illumination than traditional halogen and/or high intensity discharge (HID) headlights.
The problem for many consumers is that they’re paying more for the LEDs but not getting much bang—if any—for that extra buck, says Jennifer Stockburger, director of operations at the Consumer Reports Auto Test Center.
“Yes, they’re stylish, but drivers need lights that will make them safer, and not just make a fashion statement,” Stockburger says. “Car shoppers need to think about headlights as a safety feature in the same way they think about brakes or even seatbelts.” All headlights illuminate the road ahead in one of two ways, Stockburger says. The first, traditional way is to use a reflector to bounce the light from the bulb forward. The other way is to use what is known as a projector, where the headlights use a lens that focuses and directs the light outward.
There are several ways for headlights to create illumination. Halogen bulbs heat a filament to the point where it emits light. They’re the most common on U.S. roads, and they typically give off a yellowish tint.
HID headlights are less common, and they work by igniting a gas—most often Xenon—with electricity inside a bulb. They emit a white or bluish-white hue.LEDs are a far more advanced technology. There are two semiconductors (on a small chip) with either a surplus or a small number of electrons. When the two semiconductors have an electrical charge applied to them, atoms move toward each other and combine, and the resulting energy that's created is released as light.
LED headlights first appeared in the U.S. on the Lexus LS 600h sedan back in 2007, and they were originally found only on high-end cars. But LEDs began appearing in more mainstream models about eight years ago, and some of them impressed us in our testing.
The 2015 Cadillac Escalade’s LEDs, for example, were the best-performing headlights we had tested up to that point. Phil Leinert, a communications manager at General Motors, notes that the Escalade was the first SUV sold in the U.S. with all-LED headlights.
This belief has lead HEC Paris to develop not only an international
education and faculty with the best students and professors from all
over the world but also numerous double degree programs with the most
prominent universities. These partnerships represent the ultimate level
of cooperation among academic institutions. Our exclusive partner
universities range from key European players to major partners on all
continents.To get more news about Master in Management China, you can visit acem.sjtu.edu.cn official website.
The programs created with other international business schools can provide HEC students with strong global management skills and foster their open-mindedness. HEC students involved in these programs gain an advanced capacity to handle complex issues and to implement solutions on a global scale.
These Double Degree partnerships can also be fantastic opportunities to enrich students’ curriculum with sharp knowledge in major disciplines such as law or public affairs, in order to acquire a multifaceted profile very popular among recruiters.
Additionally, following a double degree program between HEC Paris and a foreign school or university enhances networking opportunities, by giving access to two powerful and global alumni networks; a great added value on their résumé for students striving to pursue an international career.
Furthermore, students have the opportunity to go on a study trip during their specialization year (M2). The study trip is a highly prominent point in the HEC Paris university curriculum. A journey of both professional and personal discovery, it has a crucial role for the future careers of the graduates.
The programs created with other international business schools can provide HEC students with strong global management skills and foster their open-mindedness. HEC students involved in these programs gain an advanced capacity to handle complex issues and to implement solutions on a global scale.
These Double Degree partnerships can also be fantastic opportunities to enrich students’ curriculum with sharp knowledge in major disciplines such as law or public affairs, in order to acquire a multifaceted profile very popular among recruiters.
Additionally, following a double degree program between HEC Paris and a foreign school or university enhances networking opportunities, by giving access to two powerful and global alumni networks; a great added value on their résumé for students striving to pursue an international career.
Furthermore, students have the opportunity to go on a study trip during their specialization year (M2). The study trip is a highly prominent point in the HEC Paris university curriculum. A journey of both professional and personal discovery, it has a crucial role for the future careers of the graduates.
A recently leaked document suggests that China and Iran are entering a
25-year strategic partnership in trade, politics, culture, and
security.To get more China latest news, you can visit shine news official website.
Cooperation between China and Middle Eastern countries is neither new nor recent. Yet what distinguishes this development from others is that both China and Iran have global and regional ambitions, both have confrontational relationships with the United States, and there is a security component to the agreement. The military aspect of the agreement concerns the United States, just as last year’s unprecedented Iran-China-Russia joint naval exercise in the Indian Ocean and Gulf of Oman spooked Washington.
China’s growing influence in East Asia and Africa has challenged U.S. interests, and the Middle East is the next battlefield on which Beijing can challenge U.S. hegemony—this time through Iran. This is particularly important since the agreement and its implications go beyond the economic sphere and bilateral relations: It operates at the internal, regional, and global level.
Internally, the agreement can be an economic lifeline for Iran, saving its sanctions-hit, cash-strapped economy by ensuring the sale of its oil and gas to China. In addition, Iran will be able to use its strategic ties with China as a bargaining chip in any possible future negotiations with the West by taking advantage of its ability to expand China’s footprint in the Persian Gulf.
While there are only three months left before the 2020 U.S. presidential election, closer scrutiny of the new Iran-China strategic partnership could jeopardize the possibility of a Republican victory. That’s because the China-Iran strategic partnership proves that the Trump administration’s maximum pressure strategy has been a failure; not only did it fail to restrain Iran and change its regional behavior, but it pushed Tehran into the arms of Beijing.
In the long term, Iran’s strategic proximity to China implies that Tehran is adapting the so-called “Look East” policy in order to boost its regional and military power and to defy and undermine U.S. power in the Persian Gulf region.
For China, the pact can help guarantee its energy security. The Persian Gulf supplies more than half of China’s energy needs. Thus, securing freedom of navigation through the Persian Gulf is of great importance for China. Saudi Arabia, a close U.S. ally, has now become the top supplier of crude oil to China, as Chinese imports from the kingdom in May set a new record of 2.16 million barrels per day. This dependence is at odds with China’s general policy of diversifying its energy sources and not being reliant on one supplier. (China’s other Arab oil suppliers in the Persian Gulf region have close security ties with the United States.)
China fears that as the trade war between the two countries intensifies, the United States may put pressure on those countries not to supply Beijing with the energy it needs. A comprehensive strategic partnership with Iran is both a hedge and an insurance policy; it can provide China with a guaranteed and discounted source of energy.
Cooperation between China and Middle Eastern countries is neither new nor recent. Yet what distinguishes this development from others is that both China and Iran have global and regional ambitions, both have confrontational relationships with the United States, and there is a security component to the agreement. The military aspect of the agreement concerns the United States, just as last year’s unprecedented Iran-China-Russia joint naval exercise in the Indian Ocean and Gulf of Oman spooked Washington.
China’s growing influence in East Asia and Africa has challenged U.S. interests, and the Middle East is the next battlefield on which Beijing can challenge U.S. hegemony—this time through Iran. This is particularly important since the agreement and its implications go beyond the economic sphere and bilateral relations: It operates at the internal, regional, and global level.
Internally, the agreement can be an economic lifeline for Iran, saving its sanctions-hit, cash-strapped economy by ensuring the sale of its oil and gas to China. In addition, Iran will be able to use its strategic ties with China as a bargaining chip in any possible future negotiations with the West by taking advantage of its ability to expand China’s footprint in the Persian Gulf.
While there are only three months left before the 2020 U.S. presidential election, closer scrutiny of the new Iran-China strategic partnership could jeopardize the possibility of a Republican victory. That’s because the China-Iran strategic partnership proves that the Trump administration’s maximum pressure strategy has been a failure; not only did it fail to restrain Iran and change its regional behavior, but it pushed Tehran into the arms of Beijing.
In the long term, Iran’s strategic proximity to China implies that Tehran is adapting the so-called “Look East” policy in order to boost its regional and military power and to defy and undermine U.S. power in the Persian Gulf region.
For China, the pact can help guarantee its energy security. The Persian Gulf supplies more than half of China’s energy needs. Thus, securing freedom of navigation through the Persian Gulf is of great importance for China. Saudi Arabia, a close U.S. ally, has now become the top supplier of crude oil to China, as Chinese imports from the kingdom in May set a new record of 2.16 million barrels per day. This dependence is at odds with China’s general policy of diversifying its energy sources and not being reliant on one supplier. (China’s other Arab oil suppliers in the Persian Gulf region have close security ties with the United States.)
China fears that as the trade war between the two countries intensifies, the United States may put pressure on those countries not to supply Beijing with the energy it needs. A comprehensive strategic partnership with Iran is both a hedge and an insurance policy; it can provide China with a guaranteed and discounted source of energy.
Its economy grew rapidly to become the second largest in the world, led
by a strong central government, a surging and increasingly productive
manufacturing sector, easy access to money and credit, and protective
trade policies that spawned huge surpluses with the U.S.To get more China news, you can visit shine news official website.
Then the bubble burst, followed by three “lost” decades of economic stagnation.
This backdrop helps explain China’s concerted efforts to catch up, and surpass, the U.S. in the technologies that are driving the digital revolution—goals memorialized in its Made in China 2025 strategic plan.
In a world where labor represents a smaller share of overall input costs, the center of the U.S. is perhaps becoming the world’s most attractive “emerging market.” It has cheap and easy shipping routes to attractive end-markets on the East and West Coasts, abundant oil and gas resources, ironclad intellectual property protections, one of the lowest tax rates in the world, an educated workforce and policymakers who are keen to bring investment back to the U.S. China very well may have made a critical strategic error in being too forward with its ambitions in unveiling these goals, underestimating the U.S.’s resolve to maintain its place as the preeminent economic power.
China knows it can survive and thrive in a world led by the U.S. The U.S., on the other hand, does not know that its values and interests would be safe in a world led by China. As such, consensus appears to have formed in a bipartisan manner, both in the halls of Congress and among the public at large that the U.S. needs to defend and protect its intellectual property. Policymakers will likely continue to push back on advanced technologies while finding ways to incentivize companies to “come back home.”
Given this long-term strategic struggle, we expect heightened tensions will continue to play out between the U.S. and China, in part because Chinese authorities might be forced to play a weaker hand.
Over the course of 2020, relations are at risk of descending toward a more Cold War-like scenario, further enflamed by rising resentment at China’s lack of transparency in the initial stages of the Covid-19 pandemic. Ultimately, as long as the U.S. remains committed to protecting its economic interests, its advantages in terms of economic freedom, population growth, technological superiority and more efficient allocation of capital are likely insurmountable.
Then the bubble burst, followed by three “lost” decades of economic stagnation.
This backdrop helps explain China’s concerted efforts to catch up, and surpass, the U.S. in the technologies that are driving the digital revolution—goals memorialized in its Made in China 2025 strategic plan.
In a world where labor represents a smaller share of overall input costs, the center of the U.S. is perhaps becoming the world’s most attractive “emerging market.” It has cheap and easy shipping routes to attractive end-markets on the East and West Coasts, abundant oil and gas resources, ironclad intellectual property protections, one of the lowest tax rates in the world, an educated workforce and policymakers who are keen to bring investment back to the U.S. China very well may have made a critical strategic error in being too forward with its ambitions in unveiling these goals, underestimating the U.S.’s resolve to maintain its place as the preeminent economic power.
China knows it can survive and thrive in a world led by the U.S. The U.S., on the other hand, does not know that its values and interests would be safe in a world led by China. As such, consensus appears to have formed in a bipartisan manner, both in the halls of Congress and among the public at large that the U.S. needs to defend and protect its intellectual property. Policymakers will likely continue to push back on advanced technologies while finding ways to incentivize companies to “come back home.”
Given this long-term strategic struggle, we expect heightened tensions will continue to play out between the U.S. and China, in part because Chinese authorities might be forced to play a weaker hand.
Over the course of 2020, relations are at risk of descending toward a more Cold War-like scenario, further enflamed by rising resentment at China’s lack of transparency in the initial stages of the Covid-19 pandemic. Ultimately, as long as the U.S. remains committed to protecting its economic interests, its advantages in terms of economic freedom, population growth, technological superiority and more efficient allocation of capital are likely insurmountable.
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Discuss Forex and Win Up to 240 ZAR Mobile Phone Credit!
Expert 24 Trade is an illegal forex broker, charging an investor 500R for ISR tax, under the guise of a registered company in the United States. Also, a forex trader showed some fake transaction records to lure investors into investing and to convince them that they can get a high rate of return on Expert 24 Trade. Please note that this is a trap.To get more news about WikiFX, you can visit wikifx news official website.
What do you know about the forex scams in South Africa？ Please come and join our discussion to win mobile phone credit! Search WikiFX on Google Play or App Store, or download WikiFX App through the following link: https://activities.wikifx.com/download/index.html
2.After downloading, please register as a new user. Search “South Africa Event” at the “Wiki Forum” section or find the event post ‘[South Africa Event] Discuss Forex and Win Up to 240 ZAR Mobile Phone Credit!’ at the top trending searches. Leave a comment below the post that includes “What do you know about the forex scams in South Africa” + “Your email address”, and you will be eligible for the prize draw!
After the event, winners will be drawn from the list of eligible users.(the number of winners depends on the total Number of valid comments during the event) It should be noted that each user account is eligible for one entry of the draw, regardless of the Number of valid comments posted.
and WikiFX staff will contact the winners about prize collection from the announcement date to 2020/08/07.
Please reply to the notice via email within 7 days and include the following information: WikiFX user name, contact number and mobile carrier. Failure to reply within due time will be deemed as relinquishment to the benefit of the prize, and WikiFX will not further notify the winner or again release the prize entry.
1.This activity is limited to South African users only.
2. If the prize winner is unwilling or unable to provide relevant information, cannot be reached due to the changes in personal information, or cannot complete the prize collection procedures for any other reasons due to the winner's own responsibility, this will be deemed as relinquishment to the benefit of the prize, which the winner should not object.
3. The prize can only be claimed by the winner and cannot be transferred to others or convert to cash if the winner forfeits the prize.
4. The winner should guarantee that all the information filled or submitted is true, correct and belongs to the winner himself/herself rather than any third party. Submission of inauthentic information will lead to disqualification of the participant or canceling of the winner's eligibility. Under such circumstances, the organizer shall not be liable for unable to notify the winner, and the participant shall bear all relevant legal responsibilities for any consequent damage to the organizer or any other third party.
5. If the participant is found, by the organizer or any other third party who report such irregularity to the organizer, to deliberately disrupt and affect others participating in the event through malicious computer program or other methods that clearly breaches the fairness of the event, or engage in any illegal practice, the organizer may immediately cancel participant's eligibility for the event. Other matters unspecified in this document should be handled in accordance with relevant regulations of the organizer, and the organizer reserves the right to make necessary supplement or amendment at any time. The organizer reserves the right to cancel, terminate, modify or suspend the event or relevant activities of the event.
2.After downloading, please register as a new user. Search “South Africa Event” at the “Wiki Forum” section or find the event post ‘[South Africa Event] Discuss Forex and Win Up to 240 ZAR Mobile Phone Credit!’ at the top trending searches. Leave a comment below the post that includes “What do you know about the forex scams in South Africa” + “Your email address”, and you will be eligible for the prize draw!
After the event, winners will be drawn from the list of eligible users.(the number of winners depends on the total Number of valid comments during the event) It should be noted that each user account is eligible for one entry of the draw, regardless of the Number of valid comments posted.
and WikiFX staff will contact the winners about prize collection from the announcement date to 2020/08/07.
Please reply to the notice via email within 7 days and include the following information: WikiFX user name, contact number and mobile carrier. Failure to reply within due time will be deemed as relinquishment to the benefit of the prize, and WikiFX will not further notify the winner or again release the prize entry.
1.This activity is limited to South African users only.
2. If the prize winner is unwilling or unable to provide relevant information, cannot be reached due to the changes in personal information, or cannot complete the prize collection procedures for any other reasons due to the winner's own responsibility, this will be deemed as relinquishment to the benefit of the prize, which the winner should not object.
3. The prize can only be claimed by the winner and cannot be transferred to others or convert to cash if the winner forfeits the prize.
4. The winner should guarantee that all the information filled or submitted is true, correct and belongs to the winner himself/herself rather than any third party. Submission of inauthentic information will lead to disqualification of the participant or canceling of the winner's eligibility. Under such circumstances, the organizer shall not be liable for unable to notify the winner, and the participant shall bear all relevant legal responsibilities for any consequent damage to the organizer or any other third party.
5. If the participant is found, by the organizer or any other third party who report such irregularity to the organizer, to deliberately disrupt and affect others participating in the event through malicious computer program or other methods that clearly breaches the fairness of the event, or engage in any illegal practice, the organizer may immediately cancel participant's eligibility for the event. Other matters unspecified in this document should be handled in accordance with relevant regulations of the organizer, and the organizer reserves the right to make necessary supplement or amendment at any time. The organizer reserves the right to cancel, terminate, modify or suspend the event or relevant activities of the event.
Discuss Forex and Win Up to 240 ZAR Mobile Phone Credit!
Expert 24 Trade is an illegal forex broker, charging an investor 500R for ISR tax, under the guise of a registered company in the United States. Also, a forex trader showed some fake transaction records to lure investors into investing and to convince them that they can get a high rate of return on Expert 24 Trade. Please note that this is a trap.To get more news about WikiFX, you can visit wikifx news official website.
What do you know about the forex scams in South Africa？ Please come and join our discussion to win mobile phone credit! Search WikiFX on Google Play or App Store, or download WikiFX App through the following link: https://activities.wikifx.com/download/index.html
2.After downloading, please register as a new user. Search “South Africa Event” at the “Wiki Forum” section or find the event post ‘[South Africa Event] Discuss Forex and Win Up to 240 ZAR Mobile Phone Credit!’ at the top trending searches. Leave a comment below the post that includes “What do you know about the forex scams in South Africa” + “Your email address”, and you will be eligible for the prize draw!
After the event, winners will be drawn from the list of eligible users.(the number of winners depends on the total Number of valid comments during the event) It should be noted that each user account is eligible for one entry of the draw, regardless of the Number of valid comments posted.
and WikiFX staff will contact the winners about prize collection from the announcement date to 2020/08/07.
Please reply to the notice via email within 7 days and include the following information: WikiFX user name, contact number and mobile carrier. Failure to reply within due time will be deemed as relinquishment to the benefit of the prize, and WikiFX will not further notify the winner or again release the prize entry.
1.This activity is limited to South African users only.
2. If the prize winner is unwilling or unable to provide relevant information, cannot be reached due to the changes in personal information, or cannot complete the prize collection procedures for any other reasons due to the winner's own responsibility, this will be deemed as relinquishment to the benefit of the prize, which the winner should not object.
3. The prize can only be claimed by the winner and cannot be transferred to others or convert to cash if the winner forfeits the prize.
4. The winner should guarantee that all the information filled or submitted is true, correct and belongs to the winner himself/herself rather than any third party. Submission of inauthentic information will lead to disqualification of the participant or canceling of the winner's eligibility. Under such circumstances, the organizer shall not be liable for unable to notify the winner, and the participant shall bear all relevant legal responsibilities for any consequent damage to the organizer or any other third party.
5. If the participant is found, by the organizer or any other third party who report such irregularity to the organizer, to deliberately disrupt and affect others participating in the event through malicious computer program or other methods that clearly breaches the fairness of the event, or engage in any illegal practice, the organizer may immediately cancel participant's eligibility for the event. Other matters unspecified in this document should be handled in accordance with relevant regulations of the organizer, and the organizer reserves the right to make necessary supplement or amendment at any time. The organizer reserves the right to cancel, terminate, modify or suspend the event or relevant activities of the event.
2.After downloading, please register as a new user. Search “South Africa Event” at the “Wiki Forum” section or find the event post ‘[South Africa Event] Discuss Forex and Win Up to 240 ZAR Mobile Phone Credit!’ at the top trending searches. Leave a comment below the post that includes “What do you know about the forex scams in South Africa” + “Your email address”, and you will be eligible for the prize draw!
After the event, winners will be drawn from the list of eligible users.(the number of winners depends on the total Number of valid comments during the event) It should be noted that each user account is eligible for one entry of the draw, regardless of the Number of valid comments posted.
and WikiFX staff will contact the winners about prize collection from the announcement date to 2020/08/07.
Please reply to the notice via email within 7 days and include the following information: WikiFX user name, contact number and mobile carrier. Failure to reply within due time will be deemed as relinquishment to the benefit of the prize, and WikiFX will not further notify the winner or again release the prize entry.
1.This activity is limited to South African users only.
2. If the prize winner is unwilling or unable to provide relevant information, cannot be reached due to the changes in personal information, or cannot complete the prize collection procedures for any other reasons due to the winner's own responsibility, this will be deemed as relinquishment to the benefit of the prize, which the winner should not object.
3. The prize can only be claimed by the winner and cannot be transferred to others or convert to cash if the winner forfeits the prize.
4. The winner should guarantee that all the information filled or submitted is true, correct and belongs to the winner himself/herself rather than any third party. Submission of inauthentic information will lead to disqualification of the participant or canceling of the winner's eligibility. Under such circumstances, the organizer shall not be liable for unable to notify the winner, and the participant shall bear all relevant legal responsibilities for any consequent damage to the organizer or any other third party.
5. If the participant is found, by the organizer or any other third party who report such irregularity to the organizer, to deliberately disrupt and affect others participating in the event through malicious computer program or other methods that clearly breaches the fairness of the event, or engage in any illegal practice, the organizer may immediately cancel participant's eligibility for the event. Other matters unspecified in this document should be handled in accordance with relevant regulations of the organizer, and the organizer reserves the right to make necessary supplement or amendment at any time. The organizer reserves the right to cancel, terminate, modify or suspend the event or relevant activities of the event.
Recently the global stock markets soars with irresistible force, the
Chinese and US stock market in particular. And driven by new economy,
the Nasdak Composite Index hit record high many times, and it closed at
10,492.50 on July 8, another record close high.To get more news about WikiFX, you can visit wikifx news official website.
This decreased the pressure on USDs liquidity from the market and weakened the safe haven function of USD, putting continuous pressure on the US dollar index. In the short term, the index is more likely to test the low level of 95.716 recorded in May. If it fails to break the level, the index may challenge the low level of 94.650 happened on March 9.
Faced with a weakening US dollar index, non US dollar currencies bounced back in varying degrees. From a perspective in Macro trend, the Swiss Franc has the best year-to-date performance, up about 3.5% again the USD, ranking the first among all currencies. And safe haven Japanese yen ranks the third, up 1.34% this year, second only
The Swiss Franc performed extremely well because of the relatively stable situation of COVID-19 and better economic data in Switzerland compared with that of other European countries. Therefore, forex traders preferred the Swiss Franc to USD as a safe haven. And market estimates that the Swiss Franc will keep maintaining an edge in the second half of this year. In the short run, USD/CHF appears to approach the low level of 0.9181 of March or the low level of 0.9071 recorded in 2015.
It is estimated that cautiously optimism pervades the future Japanese yen market, another safe haven. Recent USD/JPY basically fluctuates at the range of 108.16-106.00, being approaching the level of 106.00. And it is likely to break the level and challenge again the major support level of 104.45.
Since 1987, Jasper Lo has been engaged in the financial industry (forex, futures and gold) for more than 32 years and holds forex R.O., securities and futures broker licenses. Mr Lo is an expert in trading forex, precious metals and commodity futures and an basic and technical analyst.
Over the years, Mr Lo won many individual and team sales champion awards, as well as outstanding employee awards. He was invited, as a guest mentor, to the University of Hong Kong, Guangdong Ocean University and Guangzhou Jinan University. And he was also appointed as the chief training consultant by Hantang Securities and Dongguan Securities in China.
This decreased the pressure on USDs liquidity from the market and weakened the safe haven function of USD, putting continuous pressure on the US dollar index. In the short term, the index is more likely to test the low level of 95.716 recorded in May. If it fails to break the level, the index may challenge the low level of 94.650 happened on March 9.
Faced with a weakening US dollar index, non US dollar currencies bounced back in varying degrees. From a perspective in Macro trend, the Swiss Franc has the best year-to-date performance, up about 3.5% again the USD, ranking the first among all currencies. And safe haven Japanese yen ranks the third, up 1.34% this year, second only
The Swiss Franc performed extremely well because of the relatively stable situation of COVID-19 and better economic data in Switzerland compared with that of other European countries. Therefore, forex traders preferred the Swiss Franc to USD as a safe haven. And market estimates that the Swiss Franc will keep maintaining an edge in the second half of this year. In the short run, USD/CHF appears to approach the low level of 0.9181 of March or the low level of 0.9071 recorded in 2015.
It is estimated that cautiously optimism pervades the future Japanese yen market, another safe haven. Recent USD/JPY basically fluctuates at the range of 108.16-106.00, being approaching the level of 106.00. And it is likely to break the level and challenge again the major support level of 104.45.
Since 1987, Jasper Lo has been engaged in the financial industry (forex, futures and gold) for more than 32 years and holds forex R.O., securities and futures broker licenses. Mr Lo is an expert in trading forex, precious metals and commodity futures and an basic and technical analyst.
Over the years, Mr Lo won many individual and team sales champion awards, as well as outstanding employee awards. He was invited, as a guest mentor, to the University of Hong Kong, Guangdong Ocean University and Guangzhou Jinan University. And he was also appointed as the chief training consultant by Hantang Securities and Dongguan Securities in China.
With an increasing worse pandemic, AUS/USD keeps being strong with an
irresistible force. So far, AUD has dramatically rallied by 27% to 1,500
points since the low level of 0.5506 in March. Two reasons of a strong
AUS are in the following.To get more news about WikiFX, you can visit wikifx news official website.
To begin with, many countries in the world continued to cut interest rate and purchase bonds due to the aggravated pandemic in order to bolster their economy, which, to some degree, helps to fuel the global stock markets. For example, the Nasdaq 100 Index has bounced back to a high level of 10.500 from the low level of 6,772 of March 24, up by 55% to 3,728 points. Even if the situation of COVID-19 continues to worsen, global stock markets show a prolonged recovery, which leads to an outperforming AUD related closely to the markets.
In addition, the economic data in Australia becomes better simultaneously, causing AUD/USD to rise. For instance, more indicators released last week, including AIG Manufacturing Index in June, Building Permits in May, Manufacturing Purchasing Managers‘ Index, AIG Performance of Construction Index and Services Purchasing Managers’ Index in June, performed significantly better than the previous. Based on the favorable factors and better economic data, traders are continuously optimistic about AUD.
In terms of the expected market trend, more focus should be put on the rate-setting meeting by the Reserve Bank of Australia(RBA) at 12:30 pm Hong Kong time tomorrow as well as the post-meeting statement. Under the current circumstance, the RBA doesnt need to deliver dovish suggestion, so AUD/USD is likely to challenge the upward resistance level of 0.7082. In a short time, it is difficult for the pair to break the major upward resistance level of 0.7206 despite an enormous increase.
To begin with, many countries in the world continued to cut interest rate and purchase bonds due to the aggravated pandemic in order to bolster their economy, which, to some degree, helps to fuel the global stock markets. For example, the Nasdaq 100 Index has bounced back to a high level of 10.500 from the low level of 6,772 of March 24, up by 55% to 3,728 points. Even if the situation of COVID-19 continues to worsen, global stock markets show a prolonged recovery, which leads to an outperforming AUD related closely to the markets.
In addition, the economic data in Australia becomes better simultaneously, causing AUD/USD to rise. For instance, more indicators released last week, including AIG Manufacturing Index in June, Building Permits in May, Manufacturing Purchasing Managers‘ Index, AIG Performance of Construction Index and Services Purchasing Managers’ Index in June, performed significantly better than the previous. Based on the favorable factors and better economic data, traders are continuously optimistic about AUD.
In terms of the expected market trend, more focus should be put on the rate-setting meeting by the Reserve Bank of Australia(RBA) at 12:30 pm Hong Kong time tomorrow as well as the post-meeting statement. Under the current circumstance, the RBA doesnt need to deliver dovish suggestion, so AUD/USD is likely to challenge the upward resistance level of 0.7082. In a short time, it is difficult for the pair to break the major upward resistance level of 0.7206 despite an enormous increase.
USD is experiencing its longest downtrend since 2010, while the
consecutive decline recently is the second worst one since April 2011.
The future trend of USD is now testing market sentiments.To get more
news about WikiFX, you can visit wikifx news official website.
In terms of GBP/USD, it keeps gaining although GBP is struggling with the lack of progress on post-Brexit trade negotiations with the EU. Meanwhile, USD/JYP makes no advance in the past month, although they both enjoyed yields as safe haven currencies at the beginning.
USD is the reserve currency which used most heavily in the world. But it is facing a serious systemic problem, that is, how currency stabilization will tend to be in the future. Currently, forex traders should beware of volatility. With more cases of coronavirus confirmed globally, a wider fear may arise from the impact of the epidemic on growth and trade.
All the above is provided by WikiFX, a platform world-renowned for foreign exchange information. For details, please download the WikiFX App: bit.ly/WIKIFX
Since 1987, Jasper Lo has been engaged in the financial industry (forex, futures and gold) for more than 32 years and holds forex R.O., securities and futures broker licenses. Mr Lo is an expert in trading forex, precious metals and commodity futures and an basic and technical analyst.
Over the years, Mr Lo won many individual and team sales champion awards, as well as outstanding employee awards. He was invited, as a guest mentor, to the University of Hong Kong, Guangdong Ocean University and Guangzhou Jinan University. And he was also appointed as the chief training consultant by Hantang Securities and Dongguan Securities in China.
In terms of GBP/USD, it keeps gaining although GBP is struggling with the lack of progress on post-Brexit trade negotiations with the EU. Meanwhile, USD/JYP makes no advance in the past month, although they both enjoyed yields as safe haven currencies at the beginning.
USD is the reserve currency which used most heavily in the world. But it is facing a serious systemic problem, that is, how currency stabilization will tend to be in the future. Currently, forex traders should beware of volatility. With more cases of coronavirus confirmed globally, a wider fear may arise from the impact of the epidemic on growth and trade.
All the above is provided by WikiFX, a platform world-renowned for foreign exchange information. For details, please download the WikiFX App: bit.ly/WIKIFX
Since 1987, Jasper Lo has been engaged in the financial industry (forex, futures and gold) for more than 32 years and holds forex R.O., securities and futures broker licenses. Mr Lo is an expert in trading forex, precious metals and commodity futures and an basic and technical analyst.
Over the years, Mr Lo won many individual and team sales champion awards, as well as outstanding employee awards. He was invited, as a guest mentor, to the University of Hong Kong, Guangdong Ocean University and Guangzhou Jinan University. And he was also appointed as the chief training consultant by Hantang Securities and Dongguan Securities in China.